The triumphant Queensland Reds are confident of keeping Wallabies strike weapon Digby Ioane in Australia next season.

Coach Ewen McKenzie will unveil his 30-man Queensland squad for 2012 on Saturday night at the Super Rugby champions' gala awards dinner with Ioane likely to be included despite not yet being contracted.

It's been reported the 15-Test flyer, currently the most destructive finisher in the game, has given a verbal agreement to take up a $1 million a season offer in Japan after the World Cup.

But Ioane has consistently denied he had decided on his future and would wait until after the tournament ends in New Zealand.

Queensland are optimistic of keeping the 26-year-old, with McKenzie continuing discussions throughout the international season.

"It's been ongoing and I believe we're getting closer to a resolution and we've remained positive throughout," he told AAP.

"I don't think we're far away at all."

There are also question marks over another Test winger in Peter Hynes, whose career hangs in the balance after undergoing complicated knee surgery last week.

Hynes was the Wallabies rookie of the year in 2008 and was a stand-out for the Reds at fullback last year but has been grounded by knee injuries over the past 12 months.

Queensland have done well to keep the large majority of their young, successful squad together.

Fringe players Will Chambers, Leroy Houston, Ian Prior and Kimami Sitauti have been released or signed elsewhere while utility back Jono Lance and lock David McDuling are among the new contracted players.

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